Brazil provides Angola with new US$1 billion credit

24 June 2010

Brasilia, Brazil, 24 June – The presidents of Brazil and Angola Wednesday in Brasilia signed bilateral agreements and a protocol of understanding for the concession of new credits to Angola to the value of US$1 billion, according to diplomatic sources.

José Eduardo dos Santos was in Brasilia Wednesday as part of his official visit to Brazil, during which it had been expected that the two countries would consolidate their strategic partnership.

The Angolan president met with Lula da Silva at Itamaraty Palace, where the two signed several agreements in the areas of education, health, agriculture and social promotion, according to Portuguese news agency Lusa. (macauhub)